Soccer Laduma

Watch This Space

-

What is clear is that Celtic need a buyer and fast, as confirmed by Mandla Tshabalala. The collapsed sale, the resignatio­n of Komphela and the likely departure of even more players have added to their woes. But why is it so hard to sell off a franchise that has so much potential? One of the issues raised by businesswo­man Leshabane and Dr Mosola before pulling the plug on buying Celtic in September was that Max Tshabalala had failed to disclose all his financial records. If there is any veil of secrecy, all suitors will be frightened by the alleged mismanagem­ent as well as the matters that led to the coach leaving.

The government and the PSL alike will not be able to save an ailing club that is cash-strapped and with mounting debt.

Newspapers in English

Newspapers from South Africa